Fiera Capital sells 35% equity stake in Axium Infrastructure
Axium Infrastructure has entered into a definitive agreement with Fiera Capital Corporation pursuant to which Axium will redeem Fiera Capital’s 35% equity ownership in the firm.
The transaction, which is subject to customary closing conditions, is expected to close on or about January 15, 2016.
As a result of this transaction, the Management team will own more than 80% of Axium, further aligning the team’s interest with that of its investors.
The Axium team has 40 members across four offices located in Montreal, Toronto, New York and Vancouver. Axium is a fully independent portfolio management firm having in excess of C$1.4 billion in core infrastructure assets under management in North America.
The Firm most recently announced an agreement to acquire from EDP Renewables (EDPR) an ownership interest in a portfolio of seven wind farms located throughout the United States.
Country news
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December 23, 2015
Financial close reached for ACT courts project
Jurist Partnership has achieved commercial closure for the Australian Capital Territory (ACT) Courts Facilities PPP project. Read more -
December 26, 2008
Local PPP news channels
Some of you may be interested in public private partnerships news in one country. This is why I want to leave you here some quick links that will take you rapidly to the right place. As some of you already may know this blog supports another website that contains all the worlwide news related to the world of public private partnerships (and when I use this term I also want to refer to the project finance and private infrastructure investment worlds). Read more -
January 20, 2009
Top 10 infrastructure projects in Canada in 2009
It has been published by "ReNew Canada Top 100 Infrastructure projects in 2009" a list that shows the 10 most expensive projects to be constructed in Canada. Read more -
January 23, 2009
Canada P3's news summary
1. The consortium chosen to build, operate and maintan the Port Mann Bridge is struggling to raise money for the project, and has told the B.C. government it needs more time before it can finalize a deal. Read more -
January 27, 2009
PORT MANN PPP FINANCING IN BRITISH COLUMBIA.
There is a big concern in British Columbia, Canada as the Port Mann Bridge is having so much trouble closing the financing. This week a new schedule has been set for the close, there is a new deadline in February. Read more
